Total new capital expenditure in Australia rose by 4.4 percent quarter-on-quarter in the three months to June 2021, well above market consensus of a 2 percent growth and after a downwardly revised 6.0 percent gain in the previous period, which was the largest increase in private capital spending in almost a decade. Expenditure of equipment, plant, and machinery grew much softer (4.3 percent vs 8.8 percent). Meantime, spending on building and structures accelerated (4.6 percent vs 3.5 percent). Through the year to the second quarter, private capital expenditure jumped by 11.5 percent. source: Australian Bureau of Statistics

Private Investment in Australia averaged 1.19 percent from 1987 until 2020, reaching an all time high of 18.70 percent in the second quarter of 1996 and a record low of -8.70 percent in the third quarter of 2015. This page provides - Australia Private Investment- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Private Capital Expenditure - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Private Investment in Australia is expected to be -0.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Private Investment in Australia to stand at 0.90 in 12 months time. In the long-term, the Australia Private Capital Expenditure is projected to trend around 1.10 percent in 2022, according to our econometric models.

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Australia Private Capital Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
4.40 6.00 18.70 -8.70 1987 - 2021 percent Quarterly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-26 12:30 AM Q3 -3% -7.1% -1.5% -1.3%
2021-02-25 12:30 AM Q4 3% -3.1% 0% -0.2%
2021-05-27 01:30 AM Q1 6.3% 4.2% 2% 1.8%
2021-08-26 01:30 AM Q2 4.4% 6.0% 2.5% 2.6%


News Stream
Australia Q2 Private Capex Rises More than Expected
Total new capital expenditure in Australia rose by 4.4 percent quarter-on-quarter in the three months to June 2021, well above market consensus of a 2 percent growth and after a downwardly revised 6.0 percent gain in the previous period, which was the largest increase in private capital spending in almost a decade. Expenditure of equipment, plant, and machinery grew much softer (4.3 percent vs 8.8 percent). Meantime, spending on building and structures accelerated (4.6 percent vs 3.5 percent). Through the year to the second quarter, private capital expenditure jumped by 11.5 percent.
2021-08-26
Australia Q1 Business Investment Beats Estimates
Total new capital expenditure in Australia rose by 6.3 percent quarter-on-quarter in the three months to March 2021, after an upwardly revised 4.2 percent gain in the previous period and easily beating market consensus of a 2 percent growth. This was the largest increase in private capital spending in almost a decade, as businesses took advantage of tax breaks, with spending growing much faster for both building and structures (3.8 percent vs 1.6 percent in Q4) and equipment, plant, and machinery (9.1 percent vs 7.3 percent). Through the year to the first quarter, private capital expenditure grew by 0.8 percent.
2021-05-27
Australia Private New Capital Expenditure Rises in Q4
Total new capital expenditure in Australia rose by 3 percent quarter-on-quarter in the three months to December 2020, after a 3.1 percent drop in the previous period and beating market consensus of a flat reading. This was the largest increase in private capital spending since 2012, boosted by spending on both building and structures (0.7 percent vs -3.6 percent in Q3) and equipment, plant, and machinery (5.7 percent vs -2.4 percent). Through the year to the fourth quarter, private capital expenditure plunged 7.5 percent.
2021-02-25
Australia Q3 Private Capex Fall More than Estimated
Private capital expenditure in Australia dropped by 3 percent quarter-on-quarter in the three months to September 2020, the seventh straight quarter of decline, following a revised 7.1 percent fall in the previous quarter and compared with market consensus of a 1.5 percent decrease. Spending declined at a slower pace for both buildings and structures (-3.7 percent vs -5 percent in Q2), and equipment, plant, and machinery (-2.2 percent vs -7.9 percent). Through the year to the third quarter, private capital expenditure plunged 13.8 percent.
2020-11-26

Australia Private Capital Expenditure
Private investment in Australia refers to quarter on quarter change in Private Capital Expenditure. The Capital Expenditure Survey in Australia includes the following industries: Mining, Manufacturing & Other selected industries such as Electricity, Gas, Water and Waste Services, Construction, Wholesale Trade, Retail Trade, Transport, Postal and Warehousing, Information Media and Telecommunications Finance and Rental, Hiring and Real Estate Services Professional, Scientific and Technical Services.